BC Partners Credit Announces Initial Investment in LIV Golf
BC Partners Credit, the credit arm of BC Partners, has announced an initial committed investment in LIV Golf through funds advised on its platform. This marks a key step toward providing $300 million in cumulative financing to support LIV Golf's restructuring and transformation into a financially strong, team-focused golf league. The next phase of LIV Golf will feature players as equity owners of both the League and their teams, offering them direct stakes in its success. This ownership model is intended to align player interests with long-term growth while complementing existing professional tours globally. BC Partners Credit also emphasized a commitment to grassroots development through local programs aimed at introducing new golfers and supporting communities. The investment remains subject to Bankruptcy Court approval and customary conditions, but it signals renewed financial backing for LIV Golf as it moves toward the 2027 season with an ownership-driven structure.
Topics: private_equity_investment restructuring sports_league